How subprime lenders face the coronavirus economy

• Marcie Belles
• May 28, 2020
• Capital Markets, Credit Performance, Features, Risk Management

What a difference a few months make. Last year, subprime lenders outpaced banks, captives and...

CFPB: Auto loan apps drop 52% in March

• Nicole Casperson and Joey Pizzolato
• May 1, 2020
• Risk Management

Auto loan applications dropped 52% between the first and last week of March, with the...

CPS poised to survive pandemic

• Nicole Casperson and Joey Pizzolato
• April 16, 2020
• Capital Markets, Credit Performance, Earnings, Risk Management

Consumer Portfolio Services, one of the few subprime auto financiers to have survived the 2008...

Veros Credit to roll out e-contracting by yearend

• Bianca Chan
• March 4, 2020
• Innovation & Technology

Veros Credit is doubling down on technology for dealers as the subprime lender builds out...

Subprime auto lender bought by private equity firm

• Joey Pizzolato
• March 4, 2020
• Sales & Marketing

Fourshore Partners, a Miami-based private equity firm, has acquired for an undisclosed sum North State...

American Cycle Finance starts lending in California

• Matthew Wood
• January 2, 2020
• News Feed, Powersports, Sales & Marketing

American Cycle Finance has begun funding applications for dealers in California, growing its footprint to...

Goldman Sachs provides $10M credit line to Dallas auto lender

• Joey Pizzolato
• January 2, 2020
• Risk Management, Sales & Marketing

Goldman Sachs has provided a $10 million line of credit to On the Road Lending,...

American Cycle Finance eyes sports bike program in 1Q20

• Matthew Wood
• December 16, 2019
• News Feed, Powersports

American Cycle Finance is prepping a sports bike program to launch in the first quarter...